DealBook Briefing: Bitcoin Surges Past $16,000
- 6 years ago
DealBook Briefing: Bitcoin Surges Past $16,000
• Brooke Sutherland and Max Nisen write, “Steady diversification with small deals is the kind of strategy that can win this race.” (Gadfly)
• Charley Grant writes, “With cheap credit readily available
and UnitedHealth’s sparkling long-term returns as an inducement, the recipe for succeeding in health care is pretty clear.” (Heard on the Street)
Extra credit: Barclays and Goldman Sachs will each lend CVS $20 billion as part of the Aetna takeover, the kind of big deal lending
that was traditionally the province of JPMorgan Chase, according to the WSJ.
Spats like the one between Alphabet and Amazon — in which YouTube was pulled from Amazon’s Fire TV
and Echo Show devices, and Amazon then appeared to stop selling Alphabet’s Nest devices — highlight a rise in the stakes as these companies battle for consumers’ minds and money.
Reed Abelson of the NYT quoted Craig Garthwaite, a health economist at Northwestern’s Kellogg School of Management, on integration:
“There’s no chance that the existing companies, be they hospital or insurers, have the right configuration of assets to be successful”
at turning health care into a business where the parties are able to produce better outcomes at a lower cost, he said.
However, the debt limit will be reset on Dec. 9, and the Treasury Department will then have to begin taking its usual “extraordinary measures.”
Unless the debt ceiling is raised, the government will run out of money next spring, according to the Congressional Budget Office.
Here’s what Brian Armstrong of Coinbase told the NYT:
“It’s probably a little bit too focused on the price or people trying to make money,” Mr. Armstrong said last week.
• Brooke Sutherland and Max Nisen write, “Steady diversification with small deals is the kind of strategy that can win this race.” (Gadfly)
• Charley Grant writes, “With cheap credit readily available
and UnitedHealth’s sparkling long-term returns as an inducement, the recipe for succeeding in health care is pretty clear.” (Heard on the Street)
Extra credit: Barclays and Goldman Sachs will each lend CVS $20 billion as part of the Aetna takeover, the kind of big deal lending
that was traditionally the province of JPMorgan Chase, according to the WSJ.
Spats like the one between Alphabet and Amazon — in which YouTube was pulled from Amazon’s Fire TV
and Echo Show devices, and Amazon then appeared to stop selling Alphabet’s Nest devices — highlight a rise in the stakes as these companies battle for consumers’ minds and money.
Reed Abelson of the NYT quoted Craig Garthwaite, a health economist at Northwestern’s Kellogg School of Management, on integration:
“There’s no chance that the existing companies, be they hospital or insurers, have the right configuration of assets to be successful”
at turning health care into a business where the parties are able to produce better outcomes at a lower cost, he said.
However, the debt limit will be reset on Dec. 9, and the Treasury Department will then have to begin taking its usual “extraordinary measures.”
Unless the debt ceiling is raised, the government will run out of money next spring, according to the Congressional Budget Office.
Here’s what Brian Armstrong of Coinbase told the NYT:
“It’s probably a little bit too focused on the price or people trying to make money,” Mr. Armstrong said last week.